PRESIDENTIAL PLAYS

WALL STREET HAS THE ELECTION FIGURED OUT--OR DOES IT?

Lost interest? Too lazy to vote? Go ahead, channel surf around those annoying political ads and sleep late next Tuesday. Wall Street's already held the election, tallied the ballots and staged the victor's champagne bash to boot.That's a big part of what's been going on in the stock market since Labor Day. Sure, corporate profits have been humming, and low interest rates have provided punch. But if investors weren't content with the nation's political backdrop it's unlikely stocks would have risen as they have. The Dow Jones industrial average, after sweating through a deadly dull summer, has danced 7% higher in...

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